The briefing on mining

Partially state-owned Chinese surveillance technology company Hikvision has implemented an intelligent video surveillance and control system in the Jiangzhuang coal mine. Operated by Chinese state-owned coal mining company Shandong Energy, Hikvision says it will help create a “zero-accident” working environment.

British–Swiss multinational mining and commodities trading firm Glencore has signed a five-year cobalt supply agreement with South Korean battery manufacturer Samsung SDI. Under the deal, Glencore will supply 21,000t of cobalt in cobalt hydroxide. The supply will start this year and run up to 2024.

The Finnish Government has granted a permit to multi-metal producing firm Terrafame to start mining and refining uranium at an existing mine in the country. In October 2017, Terrafame submitted the permit application for the approval of uranium recovery under the Nuclear Energy Act (990/1987) to the government.

JSW Steel has reportedly secured a fourth iron ore mine in the auctions held by the Indian state of Odisha. The development follows after the company expressed interest in acquiring more iron ore mines during the upcoming auctions in Odisha. Out of the 18 mines under auction, five are of JSW Steel’s interest.